GEN MATH: 3RD QUARTER Flashcards
a fraction written in a special form whose denominator is a power of 10 and whose numerator is expressed by figures
decimal
a part of whole written as a ratio between two number separated by solidus or vinculum
fraction
decimal came from ______ a latin word tenth means from root of decem
decimus
latin adverbal phrase “per centum” means - by the hundred
percent
a number whose whole number part and fractional part is separated by a decimal point
decimal
from the latin word “fractus” means - broken
fractions
it represent the part of a whole
fractus
it is a ratio whose second term is 100
percent
it means part per hundred
percent
a comparison between two numbers or measurement
ratio
it is an equation that states the two ratios are equal
proportion
a number directly proportionate to another when as one value increase, so does the other value.
direct proportion
a number is indirectly proportional to another, when as value increases the other decreases.
inverse proprtion
involves identifying parts of a whole based on a given ratios of these
partitive proportion
refers to the purchase price of an article, it is the price at which stores buy the product
cost
refers to the amount added to the cost to arrive at the original selling price
initial mark up/mark on
the amount which by the cost of the product is increase in order to derive the selling price
mark up
refers to the amount added to the original selling price to arrive at new selling price
additional mark up/mark on
refers to the decrease in serving price
mark up cancellation
refers to reduction in original selling price
mark down
refers to the purchase of the article. it is the price at which the store buy the product
cost
refers to the amount added to the cost
initial mark up
refers to the amount added to the original selling price to arrive at a new selling price
additional mark up
refers to the deduction in the original selling price
mark down
what remains of selling price (sales) after all cost and expenses had been deducted
profit
an amount that has to be pain to buy the product or the service rendered
cost
price at which a good or service is solid to the buyer
selling price
refer to operating expense
expenses
occurs when the cost and expenses exceed the selling price or sales price of
lost
the cost necessary to keep the business running regardless of the saves volume
fixed cost
is an expense that changed in proportion to product output
variable cost
the income generated from normal business operation
revenue
the point at which the business will neither earn a profit nor experience a lost
break even point
per centum means
by the hundreds of thousands of
decimal is a fraction written in a special form whose denominator is a power of _______ and whose numerator is _______________
10, expressed by figures
percent a ratio whose second term is __________
100